Doosung Tech Breaks Ground on New Plant in Monclova, Coahuila
Monclova, Coahuila – In a significant event for the region’s economy, South Korean company Doosung Tech broke ground on its new plant in Monclova, Coahuila. The ceremony was attended by Governor Manolo Jiménez Salinas and Mayor Carlos Villarreal Pérez, who expressed their enthusiasm for the investment and its positive impact on the local economy.
Doosung Tech’s Investment Details
- Investment Amount: Approximately 500 million pesos
- Job Creation: Around 200 direct jobs
- Company Focus: Production of components for electric vehicles
Government Officials’ Statements
Manolo Jiménez Salinas, Governor of Coahuila:
- Expressed gratitude to Doosung Tech executives for choosing Coahuila for their investment
- Highlighted employment as a crucial tool for citizens’ well-being
- Reiterated his government’s commitment to creating favorable conditions for more investments and ensuring the success of existing operations in Coahuila
- Mentioned ongoing efforts to revitalize AHMSA alongside the federal government
- Emphasized collaboration between government, private sector, and academia to train young graduates for industry needs
- Announced a federal project to support small, medium, and large-scale coal producers, reactivating the coal industry and regional economy
- Reaffirmed his dedication to maintaining Coahuila’s safety and security
Carlos Villarreal Pérez, Mayor of Monclova:
- Thanked Governor Jiménez for his support in regional development projects and programs
- Noted the arrival of more companies and job creation as evidence of progress
- Highlighted joint efforts to offer scholarships for university students to learn Korean, anticipating the arrival of Korean businesses
Doosung Tech’s Perspective
Xavier Jung, Director of Automotive Division at Doosung Tech:
With the laying of the first stone for our company, Monclova and the surrounding region enter a new phase of development.
Key Questions and Answers
- Who is Doosung Tech? A South Korean company specializing in the production of components for electric vehicles.
- Why is this investment significant? The 500 million peso investment by Doosung Tech will create around 200 direct jobs, boosting the local economy in Monclova, Coahuila.
- What are the government’s efforts to support this investment? Governor Manolo Jiménez Salinas and Mayor Carlos Villarreal Pérez have emphasized their commitment to creating favorable conditions for more investments, ensuring the success of existing operations, and collaborating with private sector and academia to train young graduates for industry needs.
- What other initiatives are underway in Coahuila? Alongside supporting Doosung Tech’s investment, the government is working on revitalizing AHMSA and implementing a project to support coal producers, reactivating the coal industry and regional economy.
